Aramco secures half share of Air Products Qudra’s blue hydrogen subsidiary
Energy and chemicals company Aramco has acquired a 50% stake in Air Products Qudra’s (APQ’s) blue hydrogen subsidiary in Saudi Arabia, Blue Hydrogen Industrial Gases Company (BHIG).
BHIG has plans to produce blue hydrogen, produced with carbon capture, at Aramco’s carbon capture and storage (CCS) sites in the Jubail Industrial City area, offering hydrogen at scale.
Ashraf Al Ghazzawi, Aramco Executive Vice-President of Strategy and Corporate Development, said the network could help the venture to capitalise on emerging opportunities in Saudi and globally.
Reportedly the agreement also includes an option for Aramco to offtake nitrogen and hydrogen from BHIG.
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